Autonomous systems and intelligent algorithms are taking on roles once reserved for humans – from driving vehicles to approving loans. But what happens when an AI makes a costly mistake? Many businesses are discovering “gray areas” where AI-related failures fall between the lines of their traditional insurance coverage.
In the ever-evolving landscape of the global insurance market, trends are emerging that not only reflect the industry’s response to current economic conditions but also its adoption of innovation and compliance with regulatory changes. This article provides an overview of these trends, with a spotlight on regions experiencing rapid growth, notable regulatory developments, and breakthrough product offerings.
In the ever-evolving landscape of the global insurance market, trends are emerging that not only reflect the industry’s response to current economic conditions but also its adoption of innovation and compliance with regulatory changes. This article provides an overview of these trends, with a spotlight on regions experiencing rapid growth, notable regulatory developments, and breakthrough product offerings.
In the dynamic world of technology startups, “unicorns” – privately held startups valued at over $1 billion – have long been the symbols of peak innovation and market disruption. However, a new breed, termed “Zyrphicorns,” has emerged, signifying those unicorns that achieved their lofty valuations during the era of near-zero interest rates, notably between January 2020 and March 2022.
In the intricate game of chess, the protection of the king is the primary objective, around which all strategies revolve. This game’s fundamental principle mirrors the essence of corporate governance, where the safeguarding of company directors and officers against personal liability is crucial for the health and strategy of an organization.
In the realm of chess, the board is a kingdom under constant threat, each piece playing a pivotal role in the defense of its territory. This ancient game of strategy mirrors the modern battlefield of cybersecurity, where organizations deploy an array of defenses to protect their digital domain.
During the operation guarding the walls, damage was caused to many businesses throughout the country, both direct damage to property and loss of income. Also,
During the operation guarding the walls, the damage was caused to many businesses throughout the country, both direct damage to property and loss of
One of the main problems facing the average saver in Israel today is a low level of financial literacy. According to OECD, financial literacy is
According to recent publications, Mr. Shaul Alovich filed a claim against his Directors and Officers’ (D&O) liability insurance company to reimburse the defense costs paid
In light of the recent judgment of Judge Ofer Grosskopf in TA (Merkaz) 47032-05-16 Better Place (HT) 2009 Ltd. (In liquidation) and Others V. Shay
We are witnessing a continuous increase in cyber-events. As a result, the Cyber Insurance market is hardening. Rates and deductibles are increasing, underwriting guidelines have
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